Saturday, August 18, 2007

(Sports) South Korea Company finances Cambodia to build Taekwondo training center

A South Korean company has donated 300,000 U.S. dollars for Cambodia to build the Taekwondo Training Center, local media reported on Friday.

The center will become a bridge of friendship and cooperation between Cambodia and South Korea, Cambodian-language newspaper the Kampuchea Thmey quoted Lee Joong Keun, president of Boo Young Company as saying.

Bun Sok, Secretary of State of Ministry of Education, Youth and Sports, said that both sides signed the memorandum of understanding on Aug. 15 and the center will be built inside the Olympics Stadium in Phnom Penh.

"My ministry considers this sport field influential for Cambodia, because our Taekwondo players used to receive golden medals on the international stage," he said.

Earlier in April, the South Korean company had donated 100,000 U.S. dollars to help train Cambodian Taekwondo players and purchase equipment for them.

Source: Xinhua

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